GBPUSD, have been bearish for longer period now, and it is expected to remain that unless the GBP data comes out to be positive. What we have here is an excellent opportunity to buy for shorter term.
Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
In a year fraught with geopolitical tensions and policy shifts, the GBPUSD pair presents a conundrum that encapsulates the intricacies of modern forex trading. From Brexit negotiations that seem to never end to the hawkish stance of the U.S Federal Reserve, this currency pair is caught in a maelstrom of fundamental and technical forces. Allow me to unpack the...
Either GPUSD break the trendline and go up or retest the support again and bounce from there.
The GBPUSD outlook has formed a descending triangle which signals a bearish trend in general however after a recent consolidation beneath the base of the triangle and the bulls have managed to break through the descending trendline for a potential retest of the EMA-200 resistance on the 4-HR time frame. The GBPUSD is set to rise to retest the hypotenuse...
Price seems to be stuck in a consolidation phase ranging between the 1.27873 and the 1.26639 zones. Although on the higher time frame (weekly) price seems to be making higher highs I would rather wait to see a breakout of the consolidation range before taking any position. Waiting is good trading strategy Disclaimer: All trade ideas are given for educational...
1-day Chart - GBPUSD FX:GBPUSD OANDA:GBPUSD SAXO:GBPUSD FOREXCOM:GBPUSD We observed a highly impulsive downward movement upon reaching a key FTA. I anticipate a trend reversal in the near future towards the minimum targets of 1.223. P.S. If you liked the idea, hit the "Rocket" 🚀 (👇) – it would greatly motivate me. This will provide me with...
On the weekly timeframe I have a POI for a potential reversal to the upside (or at least a retracement), which is at a 2 week FVG, possibly digging into the weekly wick Consequent Encroachment slightly below. Price recently reacted off the high of a NWOG this week. I am keen to see how it plays out from here. -R2F
Here is my analysis for GBPUSD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Dear Traders, hope you are doing great, we have update on GBPUSD, price is still in bullish range. View on DXY is bearish alongside GBPUSD has formed AB=CD pattern indicating a further upward movement.
GBP-USD is trading in a Downtrend and the pair Will soon retest a resistance Cluster of the falling and Horizontal resistance levels At around 1.28060 and from Where I will be expecting A move down!
The Bank of England (BoE) is widely anticipated to raise its policy rate by an additional 25 basis points to 5.25% after the August meeting. However, such a decision alone may not be sufficient to stimulate the recovery of the British pound. The BoE needs to reassure markets that they will continue tightening their policy despite signs of easing price pressures....
Hi fellow traders, GBPUSD looks ready for a buy opportunity from the blue box area after completing this ABC correction. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP-USD broke a support Cluster of the horizontal And rising support levels Around 1.2790 and the Breakout is confirmed Because the 16H candle Closed below the confluence So a bearish continuaton Is now to be expected on The pair after the Potential pullback!
Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Today, non-US currencies are generally falling, and there is an opportunity to go long and start going long in the long term Trading plan: GBPUSD buy@1.28100-1.28300 tp: 1.28500-1.29000 The shark trading team will provide a lot of trading strategies every day, and currently has 35 consecutive signals, making your trading easier and achieving stable income, the...
Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!